Aviva DIRECT Whole Life Review
The complete Pros and Cons on Aviva DIRECT Whole Life
Aviva DIRECT Whole Life product details
- Life policy – Whole Life Policy
- Enjoy coverage for Death and Terminal Illness, as long as you live
- Receive a lump sum payout (including non-guaranteed bonuses) when Death, Terminal Illness or Total and Permanent Disability happens
- Accumulate potential bonuses annually
- Pay the same premium amount, guaranteed throughout the premium term
- Premium payment term: up to age 70 or 85
- Sum assured from $50,000 to $200,000
Read About: Whole Life Policy: How does it work?
In-depth Review: 3 Best Whole Life Plans in Singapore for Insurance Coverages (2023 Edition)
Features of Aviva DIRECT Whole Life at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
DIRECT– Aviva Critical Illness Cover
Additional Features and Benefits
Yes.
For further information and details, refer to Aviva website. Alternatively, fill up the form below and let us advise accordingly.
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Aviva DIRECT Whole Life may be suitable if you are looking for
Aviva DIRECT Whole Life may potentially be a good fit if the following matters to you:
- Higher protection for Death and Terminal Illness coverage at an affordable premium.
- Higher Early Critical Illness, Critical Illness and Total Permanent Disability coverage in an Insurance Policy.
- Health and Protection coverage due to a shortfall in your Insurance Portfolio.
- Accumulating cash value in the policy for financial returns in the long-term.
- Paying premiums only for a limited number of years and enjoying coverage for a lifetime.
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In-depth Review: Term life vs Whole life – Which is better for you?
Aviva DIRECT Whole Life may not be suitable if you are looking for
Aviva DIRECT Whole Life may potentially be a bad fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- Access to cash from your policy on a regular basis.
- Insurance policy with a high surrender value in the early years of the policy.
- Potentially higher financial returns compared to a pure investment product.
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Further considerations on Aviva DIRECT Whole Life
- How is Aviva or Aviva DIRECT Whole Life investment returns based on historical performance?
- How does Aviva DIRECT Whole Life compare with Whole Life Policy from other insurance companies?
- Can Aviva DIRECT Whole Life fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Aviva DIRECT Whole Life. Talk to us or seek advice from a financial adviser before making any decision about Aviva DIRECT Whole Life.
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Compare before you commit
Before committing to a whole life insurance policy, it certainly pays to make an effort to compare. Specific products features, benefits and payout will differ more than you think across insurance companies.
Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Even worse, to know you can compare whole life insurance plans here, 100% free of charges on the InterestGuru.sg platform.
Is Aviva DIRECT Whole Life suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
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